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that if we roll back regulations and cut back taxes, well, we will be better off. i have a different view. it is important to develop new sources of energy here in+ america, that we change our tax code to make sure we are helping small businesses and companies investing here in the united states, that we take some of the money we are setting as we wind down two wars, to rebuild america, and we reduce our deficit in a balanced way that allows us to make these critical investments. ultimately it's up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that help us get into this mess, or do we embrace america doing best when the middle-class. >> of trichet the chance to be here with the president and be at the university of denver -- i appreciate the chance to be here with the president. congratulations to you, mr. president, under anniversary. i am sure this is the most romantic place you can imagine being, here with me. i have had the occasion of the last couple of years in meeting people across the country. i was in dayton, ohio,
our record and our pro-growth tax reform cuts taxes 20% and higher take-home pay for middle class and pro-growth economic policies, that creates about 7 million jobs. so, the final analysis, people will realize, all the president is offering is more of the same with another round of stimulus and higher tax rates on job creators. we are offering very specific reforms, how do you save and shrink the medicare and social security and prevent the debt crisis and grow jobs, how do you have an interview policy that unleashes american internally and has energy independence? >> chris: here's my question, though, the fact the message has not gotten through as effectively as it could, so far, is that your fault? the romney campaign's fault or the voters fault. >> look, i think the president has done an effective job at trying to confuse the issue and disrupt positions an distract people, but, at the end of the day i don't think that will work. >> chris: any responsibility... >> look, we are going to prosecute the campaign, in the way that we have always planned, we'll give the country a very
about his position and let's start with taxes. governor, the president keeps saying that mitt romney is proposing a $5 trillion tax cut. that is not true. >> well, chris, wait a minute here. the governor -- former governor romney is proposing a 20% cut to income taxes, including income taxes for the wealthiest of americans. and, i believe a 30% cut for corporate income taxes, including big all, socking all of us at the pump, right now and any economist may debate whether it adds up to $4.9 trillion or $5 trillion and the fact of the matter. >> clayton: in this debate we saw big bird meet the big lie. those tax cuts, there are costs to those tax cuts, the biggest driver to our deficit... >> chris: if i may, sir, you are talking about half the planet like talking about obama's jobs plan, the entire plan is to give more money to teachers and, that is not obama's plans and similarly you are mischaracterizing the romney plan, saying, it is -- you are right, $5 trillion by lowering the tax rate but he talks about cutting loopholes... >> oh, chris, which loopholes and which deductions? sena
a group of bi- partisian lawmakers outlined a three-tiered plan to avoid automatic tax hikes set to go into effect in january. lawmakers must also lay the groundwork on a basic plan to reduce the federal deficit. the group will begin work on the plan following november's election and have until january to agree on a deal. senators could face some road blocks along the way. senate democrats say they do not agree with extending bush-era tax cuts, while republicans oppose raising tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400 millionaires were paid unemployment in 2009. add to that another 954,000 households earning more than $100,000 also taking home unemployment benefits. the numbers include people who were hired for higher-paying jobs after receiving the government money. in 2011, the senate voted unanimously to end unemployment payments to jobless millionaires. however, it was attached to another bill which is yet to pass in the senate. a bailout for spain is "not imminent." that's according
each other on healthcare taxes and the deficit. >>> blue angels will be here this afternoon. news chopper 2 was here when they arrived in the bay area on tuesday. at 12:30 they are scheduled to hold a practice flight over the building and you fans can meet the pilots at pier 39 which starts at 7:15. you can get the rest of all of this. look at the hot topic section right there on the home page. >>> sal? >> i am just on the phone with bart. >> she said -- the nice lady, deborah, thank you very much. >> hold on, please, i am on television. >> i wanted to hear what she was saying. she said that the bart delays are spreading out and they should be gone in an hour or so. she was telling me that the bart delays are still 20 minutes and now tapes are moving at full speed and some are delayed as much as 20 - 30 minutes. i just got the rundown, and all level savage is on this story. we got some pictures from the maintenance vehicle right near the mcarthur steaks that caused the problem. let's go to the bay bridge. we were worried about -- you know people are worried about hearing about the
obama a to have -- appears to have an advantage on taxes and foreign policy. >>> and on this eve against president barack obama, we will take you live to our washington d.c. bureau and we will tell you how the new ads are stirring up controversy over tax increases. >>> they will be playing in the postseason... >> the a's preceded the texas rangers and they clinched one of two american league wildcard spots. they now have playoff shirts and hats and now a pie in the face. as you can see the celebration continued into the clubhouse and the champagne and beer was flowing and there has was also some dancing going on. if they win tomorrow, they still get that wildcard spot. i didn't expect to be door here so we are really excited. >> tdoes it feel like you thought it would? >> well, way better but this is what you work your whole life for. >> now, you can send your photos to us at www.ktvu.com and you can share them on twitter, it is always fun to with the pie in the face? >> you have to do the pie in the face, you have to sneak up on them, they have to be in the middle of something else... >
on tax, healthcare and foreign policy. president obama and romney face off tomorrow night in denver. the stakes are especially high for romney when it comes to women voters. we'll have more on that at 7:15 when we go live to our washington, d.c. bureau. >>> the oakland as beat the texas rangers, 4-3. the as are heading back to the playoffs for first time in six years. [ cheers ] >> struck out all three batters at the top of the 9th. the celebration started. that means at the very least, the as clinched one of the two american league championships. the celebration moved into the clubhouse. the champagne, the beer was knowing. the players started dancing, too. coco crisp played a big role in the game, doubling in the go- ahead run and epscoreed the eventual run. you know, you wouldn't think that all of these rookies would be doing something like this but they have better mentality and they have this useful spark. >> yeah. the as have two games left, tonight and tomorrow afternoon. the now -- they are now one game behind texas. if they win both against the rangers the as will be the we
in north carolina. he's criticizing mitt romney for opposing policies that biden says would cut taxes for millionaires and race -- and raise them for for middle-class families. >> how they can justify this? raising taxes for the middle class that's been buried. how can they justify raising those taxes. >> ♪ >> the republican campaign has repeatedly said claims about romney's tax plan are falls. >> we have offered very specific progrowth solutions to get our economy in gear. we can have a dynamic progrowth economy that fosters independence and opportunity verses a stagnant economy that fosters dependency. >> paul ryan is stomping in iowa today before flying to virginia tonight. the wisconsin congressman is set to debate vice president joe biden next thursday in kentucky. >>> president obama has announced plans to visit kern county the monument of cesar chavez will be in keen where he lived. the president says the national monument would preserve chavez's legacy of giving a voice to workers. this trip will include another fund-raiser. >>> a father and son credit a working smoke alarm
unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >> the first of three presidential debates is now in the book. we have got the word that on the national level, most polls indicate this race is a dead heat. among the popular vote in many of the swing states, it has tightened up considerably. in florida, it is a statistical dead heat. in the state of ohio, which nn republican has never won an not won the white house, the lead is in president obama's favo . >>> good evening, everyone. i'm frag somerville. >> julie maener. much of the discussion focus on the economy and jobs. >> as you said, the focus clearly on the economy from jobs to taxes to the deficit. mitt romney went on the attack early among other things on what he planned to cut. >> obama care is on my list, apologize mr. president. >> i like -- >>
president is saying oui to a sky-high tax rate. and, american consumers brace for a price bump at the grocery store. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's monday, october 1st. i'm angela miles. in today's first look: as the fourth quarter gets underway today, the third quarter ends on an up note. the dow rallied more than 4%, with the s&p 500 and nasdaq each pulling in gains of around 6% during the past 3 months. electric car prices are falling. nissan is offering new discounts on the leaf due to slowing sales. the car can go 100 miles on battery power. the chevy volt is also selling at a lower price. buyers are entitled to a tax break. meanwhile, some relief at the gas pump. unleaded gasoline is down a nickle per gallon from last week. and united continental's ceo tells cnbc the airline might follow in delta's tailwinds and buy an oil refinery to save money on jet fuel. larry levin of trading advantage joins us now. larry, here we are. it's the month of october. do investors have re
business. gov romney's central economic plan calls for a 5 billion dollar tax cut, on top of the extension of the bush tax cuts-- that's another trillion dollars and 2 trillion dollars in military spending that the military hasn;t asked for. that's 8 trillion dollars. how we pay for that, reduce the deficit, make the investments we need to make without dumping those costs on the middle class americans is one of the central questions of this campaign. president barack obama and former governor mitt romney adapted to the new format of debate, six segments of 15 minutes each. the next presidential debate is october 16th. mr. romney is expected to hit the airwaves today with a barage of tv ads. according to the new york times, the romney camp has been quietly increasing its ad spend, and could shell out up to $13 million in commericials in swing states. meanwhile, president obama is outpacing mr. romney with tv ads. the times reports it's especially noticeable in flordia, where pro-obama ads outnumber pro-romney ads by nearly 50%. the obama camp is also strategically spending large amounts o
" of expiring tax cuts and spending programs. "right now, it seems as though business doesn't think washington will be that crazy as to let that the fiscal cliff happen. government will solve this and not force the u.s. into recession." as for the presidential campaigning, for all the talk about healthcare costs and tax cuts, only one in five employers surveyed told careerbuilder that the election's outcome would impact their hiring. the rest said it'd have no effect or weren't sure. but retailers plan to use the holidays as an audition for full-time applicants. john challenger says out of 700,000 holiday hires, 25% will see it lead to a full-time position. on the flip side of all this, layoffs are at their lowest levels in a decade. even cutbacks to government payrolls have slowed to 1/8 of what they were a year ago. also from the labor front this morning, navistar is considering closing some factories to get back on track. according to reports, the financiallly troubled truck and engine maker is also cutting its white collar workforce by 800. meanwhile, google says job cuts in its motorola
in on jobs, taxes, and healthcare. good evening, everyone, i'm frank somerville. >> i'm julie haener. the initial reaction is, no big gaffes and no knockout in the first face-to-face. observers say mitt romney did what he needed to do, while the president seemed more low-key. we have coverage at the university of denver, where that debate was held. maureen naylor is in san jose, and amber lee is in walnut creek. we're going to begin right now with eric rasmussen. >> reporter: both president obama and mitt romney focused on their plans for the economy, and even had a lengthy debate about keeping obamacare. >> reporter: while the first debate started with a friendly greeting, even a mention of the president's 20th wedding anniversary, mitt romney came out swinging on the economy. >> the president has a view very similar to the view he had when he ran four years ago. that a bigger government, spending more, taxing more, regulating more. >> are we going to double down on the policies that got us into this mess, or do we embrace a new economic patriotism. >> reporter: romney often looked
states, many say it was good night as he traded jazz on jobs on healthcare and taxes. >>> governor romney has a perspective, if we cut taxes skew towards the wealthy, we would be bare off. >> i don't want to cost jobs, my priority is jobs so i bring down the rates. >> aggressive romney talks about what he will cut. >> i will eliminate all programs by this test. is the program so critical it is worth -- >> governor mitt romney is going to have a busy first day because he is going to repeal obama care among democrats as you can sitting down with them. >> and the next presidential debate is on october 16th in new york. >> time now 4:33, people gathered at debate watch parties and over flow crowds showed up in san jose and among those, political science professors. i think mitt romney did a great job, obama looked a little off his game. i think mitt romney did a better job tonight. >> i think the winner is the president because he is the president and his opponent has to be able to say why he should be better than the incumbent and i don't think that was necessarily done tonight. >> and a deb
'tment can approved a household deal. >>> according to the tax policy center, automatic tax hikes and spending is set to go into effect in january. a bipartisan group of centers is working on a plan to put off cuts while addressing the deficit. lawmakers say no action will be taken until after november. >>> time now 5:04, the national pole is out, showing the race for the white house is still very close. according to a "c" nbc survey -- a cnn survey say they favor obama when it comes to the presidential nominee. mitt romney appeared to have an edge among likely voters. president barack obama appears to have an advantage when it comes to taxes, healthcare and foreign policy. now another pole shows the steaks are high when it comes to women voters. we will take you live to washington d.c. and we will hear how president barack obama and mitt romney are getting ready for tomorrow night's big bee bait. >>> allie rasmus joins us from outside the oakland coliseum with the celebration that followed the clencher, good morning allie. >> reporter: the team is headed to the playoffs, last nig
-class taxes and stimulate the economy." >>> meantime republican presidential candidate mitt romney campaigned today in florida. romney says the president's policies would "kill the american dream," and the way to ensure a brighter future is cut government spending. behind the scenes campaign workers worked towards the goal of contacting 2 million voters by phone in florida as well as other swing states. >> a republican congressman from georgia is making national headlines today. after comments he made about his religious beliefs were posted on a church website. >> evolution big bang theory, all of that is lies, straight from hell. >> representative paul broun made those comments at a baptist church in georgia. the church has since removed the video, but the bridge project, the political watchdog group reposted the video. broun is a medical doctor and said cites on the house committee of space and technology. he is running for re-election, unopposeed. >>> volunteers from the yes on proposition 30 campaign gathered this morning in front of mcclymonds high school. the measure is backed by gov
watchers surveyed and also a closer look at some of the statements made about tax cuts. >>> in other news a memory is being planned in san francisco for am bas discoer chris stephens, killed in libya. his parents shared photos with us here at their home in oakland. stephens was killed september the 11th when protesters attacked the u.s. embassy in been been ben ben gazi. they are doing that there. >> they are doing that blue angels show there. and get more information about that and the rest of the festivities in san francisco, go to ktvu.com and look for the hot topic section and there is a lot going on. >> a lot going on. >> uh-huh. >> you always warn drivers to be careful. >> keep your eyes on the road. >> keep your eyes on the road. we keep our eyes on sal. >> traffic is doing well around the bay area. as a matter of fact, looking at at the bay bridge, which is normal, for this time of the morning this is not unusual to have a big back up. it has become the new normal for this traffic to be backed up for a 25 to 30 minute they but no problems on the bridge. an earlier stalled vehicle
reduction plan. >> my number 1 principal is there will be no tax cut that adds to the deficit. >> it is not possible to come up with enough deductions and loopholes that only effect high income individuals to avoid either raising the deficit or burdening the middle class, it is math. >> i like big bird and you too, but i am not going to keep borrowing money from china to pay for it. >> we have more including a fact check of the statements made last night. find it at ktvu.com. >>> a drive is scheduled for this afternoon in san jose to register homeless and other low income people to vote. the goal is to get homeless people involved in the political process. the registration push will be from 2:00 to 6:00 at the reception center on little orchard street in san jose. it is part of national homeless and low income voter registration week. >>> two people shot any killed in the driveway of this home. and police say the alleged gunman lived right across the street. we will tell you what neighbors say was said right before those shots were fired. >> as predicted the major cool down is
is backtracking on controversial remarks dismissing 47% of americans who don't pay federal income taxes. in an interview last night on fox news he said the comments were "just completely wrong." firefighters quickly knocked out a brush fire in a homeless area today. it started about 8:30 just a few blocks north east of the 880/101 split. firefighters kept it from spending beyond the homeless incampment. >>> -- america's cup races are this weekend along with a lot more. all those crowds mean a little extra planning to get around. >> san francisco will be practically over run this weekend. about 40,000 people will be watching the america's cup races. fresh off their division clench giants fans will be attending play offs against reds saturday and sunday. >> i am thinking i have to come an hour or hour and a half early so i can make it. >> reporter: events are expected to draw 1 million into the city not to mention the football game saturday in brookly. >> this is all hands on event for bart to use fleet week expression. we'll have more train cars out there, more station agents, more train
members must do for clemency. if how your tax dollars are being spent and it has to do with a government conference here in the bay area. have you heard of the new dialing procedure for the 408 and 669 area codes? no, what is it? starting october 20, 2012, if you have a 408 or 669 number, you'll need to dial 1 plus the area code plus the phone number for all calls. o.k., but what if i have an 408 number and i'm calling a 408 number? you'll still need to dial 1 plus the area code plus the phone number. so when in doubt, dial it out! . >>> the power of nature on disblay in japan when wind from a typhoon carried a cara cross the parking lot. it hit souther western japan hurting dozens of people and causing power outages. it's expected to reach tokoyo late their evening and they are warning of potential rain and strong winds of up to 78- milance hour when the storm hits. >>> in syria a suicide bomber blew up a car packed with explosives near a government compound killing at least four. they have largely stayed out of the up rising. there was no immediate claim of responsibility for the blast
have chopped away funds for our schools. now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> today's hot dry weather helped fuel a fast moving fire that destroyed three homes in sonoma county. it started late this afternoon right next to highway 116. not far from stoney point road and highway 101 near catady. ken wayne is there tonight and tells us there was a massive response from firefighters. >> reporter: firefighters are still on the scene mopping up making sure there are no hot spots. everyone though three homes were destroyed. firefighters say this could have been much worse. the call came in around 5:00 p.m. the fire started on the south side of highway 116 and quickly jumped the highway and started burning near homes on the north side. firefighters say a five to 7-
this year a county appeals board rejected chevron's appeal of the 2007- 2009 property tax bill and it ordered the company to pay $27 million more in taxes. a chevron spokesperson tells ktvu the company is currently in mediation over a tax assessment going back to 2004 and is hopeful for a fair settlement. >>> a while fire in mendecino county has burned through five structures. it's called the flim fire. it started yesterday afternoon and has burned through 300 acres. firefighters say most of the land is commercial timber property. but about 20 structures are in potential danger. now we just checked for the latest information from calfire, the agency says this fire is 25% contained. >>> investigators are still in the scene of a fire that destroyed three homes. the fire started about 5:00 last night near highway 116 and highway 101. near cotati. the fire left several people homeless including a couple that was supposed to get married this weekend. investigators are still trying to figure out what caused this fire. >>> today the los angeles city council voted in favor of repealing
identities to obtain tax refunds. stephenson is scheduled to be sentenced in december. she faces up to 10 years in prison. >>> a supermarket chain is now explaining why it began using a highly controversial federal system to verify the immigration status of all new hires. today, pueblo foods announced it's being odd ditted by homeland security, looking into the work eligibility and citizenship status of the company's employees after complaints about suspected illegal immigrant workers. this comes amid calls by the union to boycott the supermarket over the use of that e verify system, but the company said it wants to join with the community to focus on the bigger picture. . >> it's really important. there's been a lot of controversy and conflict around the issue. we want the community to know that what we need to do now is work together on immigration reform. >> the union says it's backing off the e verify demand after learning about the audit, but still plans to boycott because the company refuses to sign a labor agreement. >> the e verify system is the federal government's electronic ver
, the tax break is they don't pay any corporate taxes. so they pass on more of the distribution to the investors. so, the range of yield is anywhere from the mid- 4s to some as high as high 6s. so we run a couple portfolios that have five average 6% yields in master limited partnerships. so, it's a little more gamey. they trade essentially like bbb corporate bonds. but they pay a little bit more than bbb corporate bonds. so it's not for everybody, and it's not for your whole income portfolio. but- > > it's a little bit of a risk. > > yeah. there is more risk. it's in the safer area of your portfolio, but it offers more yield and a little bit more risk than traditional bonds. but for the right person it can be a nice way to enhance your yield. > > do these mlps track what's going on with oil or natural gas? > > not as much. when you think about how they function, essentially, if you own the pipeline, and companies run oil and gas through your pipeline, they're paying tolls. so you're like the tollbooth operator, and you charge them a certain fee every time they go by. so, there's
-pupil funding. now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> tonight we are taking a second look at earl warren one of the most popular governors in california history. he was elected to the state's top job three times in 1942, 1946 and 1950. he was so highly regarded that in 1946 he won the republican democratic and independent primaries and was unopposed in the general election. one of warren's major achievements at governor was to reform the prison system. bob mackenzie gives us a look at how two of the oldest california prisons changed at that time. >> reporter: by the dawn of the 20th century, san quentin had hundreds of prisoners. beatings by guards were standard practice. and prisoners who got physical were often strapped into a straight jacket, so tight that their bones
these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> a community is trying to come to grips with the deaths of two neighbors killed by a good friend. ktvu's ann rubin talked to people who knew the men. >> reporter: neighbors never believed it would come to this. the suspect is being held where he declined our request for an interview. investigators are trying to understand what sparked the shooting. >> reporter: a cross. one for each victim. >> they were great, great friends. >> reporter: police believe it was a third friend, a man who lived across the street was responsible for gunning them down. they arrested him, a marine and vietnam veteran. >> he is strong willed. he is an ex-marine but the nicest guy. >> reporter: friends are in shock. saying they were close. >> they were over there.
, and a slightly cooler day. 71 for santa rows tax 70 degrees for mountain view, low to mid-60s in the city of san francisco. at some point, some scat may enter the picture -- some scattered showers may enter the picture. we get into monday night, maybe a few sprinkles over tahoe, occasions of the system off the coast, moving -- occasions of the system off the coast moving in. we are still from too to four -- two to four days out. looks like the best shot, temperatures not budging a lot. low to mid-70s in the forecast inland. low 70s at the coast. >>> just a few hours, the opening ceremony for oktoberfest will get underway. oakland mayor will help kick off the event which begins at 11:00 a.m. it's happening at the intersection of fruit vail avenue and mcarthur. >>> president obama heads back to california tomorrow morning. the list of hollywood celebs helping him raise money, plus a 49ers star who is expected to attend a big fund raising bash. >> the ripple effect of california's record high gas prices. lots of prepaid cards come pre-filled with problems. enough is enough. introducing the chase li
of fifty in per-pupil funding. now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> very calm conditions out there. humidity is up. that's one good sign if you are looking for cooler weather. not much of a west wind yet. the fog is stillaways away. all signs point to cooler weather. 70s, 80s and 90s inland. >>> 7:15. well, in election news, republicans trying to revive president obama's ties to controversy pastor to jeremiah wright. alison burns is live in washington, d.c. to tell us how an old video is surfacing before the first debate. >> reporter: dave, the romney campaign insists it had nothing to do with releasing this video but conservative talk show hosts are making a very big deal about it, showing it -- saying it shows president obama engaged in a divisive class warfare
in per-pupil funding. now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> as we mentioned earlier, temperatures soared around the bay area. some people say they are enjoying this heat. >> reporter: with the sun beating down and temperatures shooting up, residents in livermore did what they could to keep cool. >> just go with it. oh well i'm all wet, i'll dry out. >> reporter: the fountains a good way to keep the kids happy while the adults take a look at the nostalgia day. >> so far looks like we have a good crowd. >> we'll probably be heading inside or do something else. >> reporter: the record temperatures probably the start of indian summer. it should be a time of extra caution both in personal safety and fire safety. >> we have the hot dryweather. we're lucky we don't h
will not include taxes, fees, or the cost of a hotel. >>> california students have a new option when it comes to medical school. a national a crediting agency approved a plan to open a full medical school at uc riverside. it will be the sixth uc medical school and it could start enrolling future doctors some time next summer. >>> in other education news a south bay school district is cutting jobs and moving some students and teachers to other schools. the allen rock unified school district is notifying parents this week of changes. it's eliminating 18 teaching jobs but 13 of those are positions that have been left unfilled by the district. the district says it has 211 fewer students than projected and that attendance is down by more than 500 from last year. the changes are expected to save alum rock more than $1 million. >>> and new to san francisco could have to cover up thanks to a new proposal. supervisor says his office is getting an excessive number of complaints about the number of naked people who hang out near 17th and market streets in the cast. >> reporter: o district. now he's prop
number one principal said there will be no tax cut that adds to the deficit to a void the middle-class, it is maddening. >> he -- room room emphasized his campaign principles. >> look at the last four years, we have 23 million people out of work. >> the debate was low on drama and high on energy if i cannily from mitt romney. -- particularly from mitt romney. >> he seized upon that opportunity and i didn't think president barack obama was rusty so much that nobody has spoken to him like that over the last four years. >>> and the real test for the candidates come on november 6th. >>> the last debate is in florida. sandra endo, pam, back to you. >>> and right now the valley does not allow registered sex offenders to decorate their homes for halloween. some are required to put a sign on their door saying no treats or candy will be offered. now they say it violates their civil rights. >> i don't really want my kid going and trick or treating at a sex offenders house but that is what i am here for. >>> that's it voters approve the death penalty. if that happens 75-year-old for those
fee is an illegal tax that require as 2/3 2/3rd vote. >>> ross stores continue to thrive. same store sales jumped 5% last month. they had sales of $800 million in the first five weeks, that is up 10% from a year ago. ross now expects it will earn 70 cents a share in the 3rd quarter. on wall street today the dow is up 80 to 13,575. the nasdaq is up 14 at 3,149. the s&p is up 10 to 1,461. >>> the uss hornet is inviting you to visit as part of the annual event. tomorrow the museum at peer three will host a display. part of a an effort to expand fleet week to the east bay. >> really going to have a lot of things going on with the sherriff's department, various agencies and the marines. it will be a happening place out here on the east bay. >> the fleet week runs through tuesday. the exhibit is scheduled to be on display through the weekend. >>> the blue angels roared over san francisco this afternoon. they practiced ovthe water give -- over the water giving spectators a preview. it it is scheduled for saturday and sunday. >>> the only thing is, if the clouds are too low the blue angels c
tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> stocks are up after this much anticipated report showed it fell below 8% to 7-point 8% in four years. the report is consistent with other factors that suggest the economy is gaining momentum. taking a look at the big board, dow headed for the first winning week, following two weeks of losses, now up 68. nasdaq up 15. sp up 7. japanese clothing retailer, opens the doors to the public this morning. san francisco mayor will be on hand for the first day of business. the new store -- the new store in union scare will be the west coast flag ship, illuminated rainbow staircase, 77 lcd screens and a virtual dressing room. >>> the local economy is turning around. hotels are setting records. pam cook is in the newsroom with more on the story. >>> san francisco hotels are booking up
. it's not a plan for our economy. >> they plan on raising taxes on american people and that will kill jobs. we will not let that happen. we want to create jobs not kill jobs in this country. >> reporter: we are going to get quick reaction from both candidates this morning as they campaign in virginia. reporting live from washington, d.c. alison burns. >>> time right now 5:125. a professional parachuter is being -- laveran went sky diving to celebrate her 80th birthday. she almost fell out of her harness but she landed safely. the faa is fining dennis mcglen $2200 for improperly fitting that harness and improperly leaving the aircraft. >>> woman from morgan hill accused of abandoning her ten- year-old daughter during a shoplifting attempt is now in jail. here is new booking photos of marcy erico. she fled to nevada after abandoning her daughter while trying to shoplift at a morgan hill safeway last month. her daughter is staying with her grandmother now. child protective services is making arrange thes to -- arrangements to bring back her 11-month-old son from nevada. >>> the mail thef
more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> welcome back to the ktvu channel 2 morning news. time right now is 6:13. turkey is demands an emergency meeting. five civilians including three children were killed. syria says it was a tragic accident. but the u.n. security council calls it a violation of international law. turkey retaliated by shelling syrian military posts. the turkish prime minister says he doesn't want to go to war. >>> a film that depicts the osama bin laden man hunt is set to debut two days before the november election. navy seals shot and killed bin laden during a raid at his pakistani compound back in may of 2011. the new film which will air on the national geographic channel. national geographic says the time snot meant to be political. >>> many call it the most important jobs report
send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. i thought of something else we need fwhat's that? it's a 200 watts per channel dynamically balanced surround sound wireless baby monitor... with a sub wolfer. >>> family 2 family. commitment to the community. the city's top chefs come together in a special culinary event in san francisco. on thursday october 25th attend the option at the palace hotel in san francisco. bidding on culinary auction items on packages. benefit march of dimes and their efforts to promote healthy babies. >> a multi vehicle pile up on interstate 75 in florida sent 30 people to the hospital. two people had to be airlifted by medical helicopters. it was a series of three crashes. no fatalities have been reported. >>> friendly fire is likely to blame for the shootings of two boarder agents.
's cup village opens for a day of racing. cians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> we want to show you live pictures of developing news out of hayward you can see a mess on the street. thousands are without power this morning. because of that. and it may be hours before they get their lights back on. good morning, and welcome back to mornings on 2 i'm claudine wong. >> and i'm eric rasmussen in for mike mibach. ktvu were the only ones on scene during that pole down. allie rasmus is there live with a look at the response and repairs. >> reporter: pg&e spokeswoman told me they hoped to have the power back on to everyone in the neighborhood. 5,000 people felt impacted by the outage. they hope to have the power back on by 8:30 this morning. you can see they have a lot of work ahead of th
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